News

**LoP Guest** lop guest User ID: 108764 09-22-2012 12:27 PM

Romney made good on his pledge to release his tax returns from 2011 before the election, and went a step further than was previously anticipated in releasing a certified summary of his tax returns over a two-decade period preceding 2010.

You can see them here: http://www.mittromney.com/disclosure

The Republican's campaign said Romney paid more than $1.9 million in taxes on income of about $13.7 million. That amounts to a 14.1 percent effective tax rate; the tax level is lower because most of the Romneys' income comes from investment, which is taxed at a lower rate than employment income.

Mitt and Ann Romney also donated about $4 million -- about 30 percent of their income -- to charity in 2011, though they only claimed a deduction of about $2.25 million from those donations, according to the campaign.

That means the Romneys voluntarily paid a higher tax rate than they were legally required, which the campaign said they did in order to stay consistent with Romney's pledge to never play less than a 13 percent tax rate.

President Barack Obama and an array of Democrats have launched personal attacks on Romney, looking to turn him into the most prominent example of how wealthy Americans are able to use tax deductions and complex financial instruments to end up paying a lower effective tax rate than most Americans.

Senate Majority Leader Harry Reid -- a Democrat from Nevada, where Romney is coincidentally campaigning today -- went far further than that in making a repeated public allegation earlier this year that an anonymous source had told him that there were years in which Romney paid no taxes.

Throughout the summer, Democrats pummeled Romney over the issue of taxes as the Republican doggedly refused to release more than the 2010 and 2011 returns. (Last year's returns were delayed after the Romneys requested an extension on their filing.) Those attacks played a large role in negatively defining Romney, especially in swing states.

But wait...! There's more...!

He also took a pass on his $135K governor salary and did the job for no money.

http://www.bizjournals.com/boston/storie...ily21.html

When he took the job, Romney said he would accept the offered salary of $250,000 a year only if the Olympics made a profit. When it did, he turned his salary over to charity. In addition, he contributed $1 million to the games.

http://www.newsmax.com/RonaldKessler/Oly.../id/426250

obviously romney isn't such a big bad guy after all. chuckle

**LoP Guest** lop guest User ID: 121401 09-22-2012 12:35 PM

Have the plutocracy ever not claimed to be angelic beings?

**LoP Guest** lop guest User ID: 118474 09-22-2012 12:44 PM

Obama's turn in this pissing contest - now he has to show his school records!

**Adveser**

His definition of charity is what other people call tax fraud.

**Bond, James Bond** Licensed to kill User ID: 007 09-22-2012 12:57 PM

He has NOT released 20 years of TAX RETURNS.

He's only released 2 years of TAX RETURNS.

What he added to this is a 20 year AVERAGE compiled for him by PricewaterhouseCoopers.

People are only wanting to see 10 years of his tax returns.

Why then disclose only 2 years of tax returns and then give an average for 20 years, that wasn't asked for by anyone?

Obviously he is trying to skew the data because he most likely paid 0-10% for some period of time, in the last 10 years, and paid a higher rate in the previous 10 years.

And notice that this was released on Friday, typically a day for people to dump news stories that they don't want scrutinized. If this was really a revelation, he'd want to hype it up as much as possible. Instead, it seems that he wants to be able to say he released 20 years, later on in stump speeches, without being questioned.

This guy is going to get lambasted next week and make this even more of any issue than it already was. His desperation to get elected is causing him to employ increasingly erratic strategies that are imploding his campaign. This guy is a complete and utter train wreck of idiocy and desperation......

Pgceiono

More Spin than Disclosure in Romney Tax Returns

2. Playing with Averages: Why 20 Years, Instead of 10?
Why an Average and Not Individual Rates?

While refusing to release more than two years of tax returns or the tax rates for any year prior to 2010, Romney has released a statement from an accounting firm that his tax return average rate over twenty years (which no one had asked for) was at 20%. Why would he release an average rather than individual years? And why twenty years rather than the ten requested by the media that is typical for candidates? Probably because very high tax rates for five years in the 1990's can cover up for very low tax rates over the last decade. Recall that twenty years ago were the first years of the Clinton Presidency when Clinton raised the top marginal rate to 39.6%. Also recall that under a Democratic Congress, from the second term of the Reagan Presidency through Clinton's first term, the maximum capital gains rate was 28-33%. It wasn't halved to a top rate of 15% until the Republicans took Congress and George W. Bush became President.

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**The Evil AC** I am not a number!!! User ID: 666 09-22-2012 01:00 PM

LoP Guest Wrote:

obviously romney isn't such a big bad guy after all.

Obviously you're a shit-for-brains partisan hack with absolutely no critical thinking skills whatsoever.

He has not released 20 years of tax returns. He only released 2 years and showed an average for 20 years.

Doesn't that seem fishy to you?

Of course not, you have shit-for-brains.

Dumbass

**LoP Guest** lop guest User ID: 122083 09-22-2012 01:06 PM

The Evil AC Wrote:

LoP Guest Wrote:
obviously romney isn't such a big bad guy after all.

Obviously you're a shit-for-brains partisan hack with absolutely no critical thinking skills whatsoever.

He has not released 20 years of tax returns. He only released 2 years and showed an average for 20 years.

Doesn't that seem fishy to you?

Of course not, you have shit-for-brains.

Funny how dims aren't the slightest bit curious about Obama's school records or why he has a social security number issued out of Connecticut while at the same time demanding full disclosure of every detail of Romney's life.

It would probably be a bit easier for you to see the hypocrisy in your position if you weren't staring at Barry's navel.

Hspjpjcf

**LoP Guest** lop guest User ID: 122480 09-22-2012 01:09 PM

LoP Guest Wrote:

...
http://www.newsmax.com/RonaldKessler/Oly.../id/426250
...

Grrrrreat news from the famous Zioshillery central?

Bond, James Bond Wrote:

He has NOT released 20 years of TAX RETURNS.

He's only released 2 years of TAX RETURNS.

What he added to this is a 20 year AVERAGE compiled for him by PricewaterhouseCoopers.

People are only wanting to see 10 years of his tax returns.
...

Yup, he actually released an executive summary chuckle

- not tax returns for 10 year as it's a long term practice introduced by his own father.

Obama’s Tax Returns
http://taxprof.typepad.com/taxprof_blog/...eases.html

**The Evil AC** I am not a number!!! User ID: 666 09-22-2012 01:11 PM

LoP Guest Wrote:

The Evil AC Wrote:
LoP Guest Wrote:
obviously romney isn't such a big bad guy after all.

Obviously you're a shit-for-brains partisan hack with absolutely no critical thinking skills whatsoever.

He has not released 20 years of tax returns. He only released 2 years and showed an average for 20 years.

Doesn't that seem fishy to you?

Of course not, you have shit-for-brains.

Funny how dims aren't the slightest bit curious about Obama's school records or why he has a social security number issued out of Connecticut while at the same time demanding full disclosure of every detail of Romney's life.

It would probably be a bit easier for you to see the hypocrisy in your position if you weren't staring at Barry's navel.

I've noticed that most simple minded brainwashed twits like you, immediately assume that just because someone criticizes one of the two dominant parties, he must belong to the other.

Sorry, I'm not a Democrat. There are other parties you know.

You know what they say about people that make assumptions?

Dumbass

**LoP Guest** lop guest User ID: 122480 09-22-2012 01:13 PM

LoP Guest Wrote:

The Evil AC Wrote:
LoP Guest Wrote:
obviously romney isn't such a big bad guy after all.

Obviously you're a shit-for-brains partisan hack with absolutely no critical thinking skills whatsoever.

He has not released 20 years of tax returns. He only released 2 years and showed an average for 20 years.

Doesn't that seem fishy to you?

Of course not, you have shit-for-brains.

Funny how dims aren't the slightest bit curious about Obama's school records or why he has a social security number issued out of Connecticut while at the same time demanding full disclosure of every detail of Romney's life.

It would probably be a bit easier for you to see the hypocrisy in your position if you weren't staring at Barry's navel.
...

Why the f*ck do you expect from Obama to release documents that no other US president did thus far while pardoning Romney from release of tax returns, a long term practice introduced by his own father, George Romney when he was running for president???

What the f*ck is wrong with you, hyper-partisan hack?

PS: Bush school records were leaked to his disgrace

**The Evil AC** I am not a number!!! User ID: 666 09-22-2012 01:15 PM

LoP Guest Wrote:

LoP Guest Wrote:
Funny how dims aren't the slightest bit curious about Obama's school records or why he has a social security number issued out of Connecticut while at the same time demanding full disclosure of every detail of Romney's life.

It would probably be a bit easier for you to see the hypocrisy in your position if you weren't staring at Barry's navel.
...

Why the f*ck do you expect from Obama to release documents that no other US president did thus far while pardoning Romney from release of tax returns, a long term practice introduced by his own father, George Romney when he was running for president???

What the f*ck is wrong with you, hyper-partisan hack?

**evilolive**

I would post a bunch of Romneytaxreturn Themed memes here but ................ chuckle

**LoP Guest** lop guest User ID: 122480 09-22-2012 01:21 PM

LoP Guest Wrote:

....or why he has a social security number issued out of Connecticut while ...

For how long are you going to peddle this Oily Taitz, Zionist agent provocateur's bullshit???? She can NOT know the Obama’s SSN, because the following actions are prohibited under the law:

“... Publicly post or publicly display in any manner an individual's social security number. "Publicly post" or "publicly display" means to intentionally communicate or otherwise make available to the general public...”

Pathetic garbage!

**LoP Guest** lop guest User ID: 90459 09-22-2012 01:21 PM

It`s one thing after another with him. Who the hell is advising him anyway? Geees. He should have just released them to begin with took his lumps if there were any and stood by the fact that he paid the legal rate no matter how bad it looked. This had made it even worse. Makes him look even more shifty and disingenuious.

**The Evil AC** I am not a number!!! User ID: 666 09-22-2012 01:23 PM

LoP Guest Wrote:

It`s one thing after another with him. Who the hell is advising him anyway? Geees. He should have just released them to begin with took his lumps if there were any and stood by the fact that he paid the legal rate no matter how bad it looked. This had made it even worse. Makes him look even more shifty and disingenuious.